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Westlake Chemical~s Geismar Vinyls Complex Back in Operation Following Rita; Lake Charles Complex Awaits Restoration of Full Electrical Power

Petrochemical industry | 29 Sep 2005 IST | Polymerupdate.com
Friday September 30, 6:00 am ET

HOUSTON, Sept. 30 /PRNewswire-FirstCall/ -- Westlake Chemical Corporation (NYSE: WLK - News) announced today that it has re-started its Geismar, Louisiana vinyls complex following the shut down necessitated by Hurricane Rita. The company~s VCM (vinyl chloride monomer) and PVC (polyvinyl chloride) units are currently operating at reduced rates due to constraints associated with the hurricane.

The company~s olefins petrochemical complex in Lake Charles, Louisiana remains in a safe, shut-down mode awaiting full restoration of electrical power. Some limited power was restored to the site, and personnel are onsite making minor repairs and monitoring and preparing the facilities for a safe and timely return to operations.

The company is working with its customers on a product by product basis to allocate products in a fair and equitable manner.

Westlake Chemical Corporation is a manufacturer and supplier of petrochemicals, polymers and fabricated products with headquarters in Houston, Texas. The company~s range of products includes: ethylene, polyethylene, styrene, propylene, caustic, VCM, PVC and PVC pipe, windows and fence. For more information, visit the company~s Web site at http://www.westlakechemical.com.
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